# CreditBook: Financial services, Karachi, Pakistan

> CreditBook: CreditBook is a fintech company based in Pakistan, founded in June 2020 by Hasib Malik and Iman Jamall. Based in Karachi, Pakistan. Founded 2020.

Source: https://millionrounds.com/startup/creditbook (Millionrounds; every figure on the page links to its filing or article)

Pakistan · [Financial services startup](https://millionrounds.com/companies)

# CreditBook

CreditBook is a fintech company based in Pakistan, founded in June 2020 by Hasib Malik and Iman Jamall.

Funding reported Last round: Seed

Financial services Karachi, Pakistan

Company summary

- **Founded:** 2020 6 years old
- **Team:** 33 11 to 50 people
- **Funding reported:** 12.5M as listed, currency not stated
- **Last round:** Seed Dec 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for CreditBook has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About CreditBook

CreditBook is a fintech company based in Pakistan, founded in June 2020 by Hasib Malik and Iman Jamall.

It focuses on empowering Micro, Small, and Medium Enterprises (MSMEs) by providing digital bookkeeping and licensed SME financing solutions. As the only licensed digital lending company for SME financing in Pakistan, CreditBook operates through its subsidiary, CreditBook Financial Services Ltd., which is regulated by the Securities & Exchange Commission of Pakistan. The company offers a free mobile app called CreditBook Khata, which serves as a digital ledger for tracking sales, expenses, and payments. This app features automated payment reminders and has already served over 1 million MSMEs across 400 localities in Pakistan. Additionally, CreditBook provides a licensed SME financing platform that allows businesses to extend financing to their customers quickly. The company also offers embedded finance and API solutions for partners looking to integrate financial features into their services. CreditBook's mission is to improve the financial outcomes of MSMEs by digitizing their workflows and enhancing access to finance.

## What company datasets say CreditBook raised

Funding, as reported

Reported in all **12.5M** in the source's currency

Rounds **3**

Last round **Seed**

Last round size **11M**

Last round date **Dec 2021**

Investors listed **13**

## Founders and team

From CreditBook's own website: 6 on the team.

- **Hasib Malik** Cofounder & CEO
- **Zain Umar** CEO CreditBook Financial Services
- **Glenn Vanbavinckhove** Head of Engineering
- **Hisham Adamjee** Cofounder & Head of Operations
- **Iman Jamall** Cofounder & Head of Design
- **Matteo Borgato** Head of Data

## On 4 portfolio pages

Investors who name them

- [VentureSouq](https://millionrounds.com/fund/venturesouq)
- [i2i Ventures](https://millionrounds.com/fund/i2i-ventures)
- [Flucas Ventures](https://millionrounds.com/fund/flucas-ventures)
- [Amaana Capital](https://millionrounds.com/fund/amaana-capital)

Each firm lists CreditBook on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

financial transactions user experience digital credit platform pakistan low code embedded finance low code solutions credit scoring algorithms reserve fintech platform digital credit risk management capital access low code fintech sdks transaction monitoring white label solutions enterprises api documentation financial control system

Built with from their website

Google Cloud Postman API Documentation QuickBooks Google Workspace CloudFlare Viewport Meta MongoDB Emotion Google Cloud BigQuery New Relic Insights

+8 more

PostgreSQL Cloudflare WAF webpack AWS Lambda New Relic Google Meet CloudFlare CDN React

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 522299, SIC 7375
- **Region:** Sindh
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/creditbook)

## Financial services in Pakistan

Startups like it

- [**Haball** Karachi · founded 2017](https://millionrounds.com/startup/haball)
- [**Manafa Technologies** Lahore · founded 2018](https://millionrounds.com/startup/manafa-technologies)
- [**Karmic Labs** Lahore · founded 2013](https://millionrounds.com/startup/karmic-labs)
- [**DCore** Islamabad · founded 2021](https://millionrounds.com/startup/dcore)
- [**TAG (YC S21)** Islamabad · founded 2020](https://millionrounds.com/startup/tag-yc-s21)
- [**PostEx** Lahore · founded 2016](https://millionrounds.com/startup/postex-2)
- [**NayaPay** Karachi · founded 2020](https://millionrounds.com/startup/nayapay)
- [**OneLoad** Lahore · founded 2016](https://millionrounds.com/startup/oneload)

## Is this your company?

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